The first section of the paper surveys the evidence relating to the hypothesis that the inner city acts as a nursery for new manufacturing firms and shows that there is little direct confirmatory evidence. The second and third sections report on two research studies of new firm foundation in...

In this paper we use data on property values published annually for the 56 local government areas in the Melbourne metropolitan area to investigate the response of the property market to the oil price rises of the seventies. We show that property values appeared to have responded rapidly to the...

Received theories of the land market are inadequate, since they ignore the supply of land. It is known that occupiers of land are usually unwilling to sell at the market price but require compensation for being forced to move. Incorporating this as a theory of supply into land market theory...

The supply of land for housing has been restricted by planning controls. The prices of land and of houses have risen in consequence. As a result land has been used with increasing intensity with infill, 'town cramming' and smaller houses on less land—'rabbit hutches on postage stamps'; a...

This paper examines planning delay and identifies the difficulty in establishing an appropriate definition and measure of delay. It then outlines an economic framework for the analysis of delay costs, distinguishing between private costs and the various elements of social cost. It shows that the...